Save Article

US 'Fiscal Cliff' Tops Euro As Biggest Investor Fear

Concerns about the looming fight over the U.S. deficit are edging out the euro crisis in the minds of many investors, according to a pair of surveys by major banks.

The U.S. "fiscal cliff"--a mix of tax increases and budget cuts that kick into effect in January if Congress can't agree on a plan to reduce deficits--has become the top risk identified by investors, bumping Europe's sovereign debt woes from the top slot for the...